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Online Share Trading

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First Rand shares

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Koenane
New Contributor
I am a "virgin" in this environment and considering to buy First Rand shares,is is the way to go anyone?
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1 REPLY 1
Preston
Super Contributor
Hi "Virgin" , welcome to OST :-) Depeneding on your risk profile and whether or not you want to hold FSR as a long term investment. If so, i will wait for possibly further pullback and buy closer to R19,10 or even cheaper. As a long term investment, P/E is reasonable and company has a good management structure, however it seems that the banking sector is being treated as the "whipping boys" of late. Case in point was yesterday trading.
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